Indicators: Repulse Multi Timeframe

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Repulse Multi Timeframe:

The Repulse Multi Timeframe indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve.

This version is a standalone multi timeframe version (Repulse indicator is needed for its work).

Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes:

  • Next higher timeframe: first higher timeframe compared to active chart.
  • Second higher timeframe: second higher timeframe compared to active chart.
  • Third higher timeframe: third higher timeframe compared to active chart.

If some of these 3 timeframes are used, then the timeframe is set automatically as you change the timeframe of the chart.

Author: Mladen Rakic

 
Interesting. Thanks.
 
Automated-Trading:

Repulse Multi Timeframe:

Author: Mladen Rakic

Didn't find anything interesting. What for this indicator is and how is it helpful?

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